PMGC Holdings Sets 1-for-6 Reverse Split Cutting Shares to 541,461
PMGC Holdings will implement a 1-for-6 reverse stock split at 12:00 am ET on March 10, 2026, consolidating every six issued and outstanding shares into one share and assigning CUSIP 73017P508. Outstanding shares will decrease from 3,248,764 pre-split to 541,461 post-split, with proportional adjustments to stock awards, options and warrants.
1. Reverse Split Implementation
The company will effect a 1-for-6 reverse stock split on March 10, 2026 at 12:00 am ET, consolidating every six shares of issued and outstanding common stock into one share. The trading symbol remains unchanged and the new CUSIP will be 73017P508.
2. Share Count Adjustment
Pre-split outstanding shares total approximately 3,248,764, which will be reduced to around 541,461 following the consolidation. Authorized shares will undergo the same ratio adjustment without any additional shareholder action required.
3. Equity and Warrant Modifications
All outstanding stock awards, options and shares reserved under the equity incentive plan will be adjusted proportionally to reflect the split. Warranted shares and exercise prices for existing warrants will also be recalibrated on a 1-for-6 basis.
4. Shareholder Procedures
Fractional share entitlements will be rounded up to one full share for each fractional portion. Holders of physical certificates can exchange them through VStock Transfer, LLC under instructions provided by the transfer agent.